1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Marina86 [1]
3 years ago
13

The following information pertains to Tara Co.'s accounts receivable on December 31, Year 4 Days outstanding Amount Estimated %

uncollectible 0‐60 $120,000 1% 61‐120 90,000 2% Over 120 100,000 6% $310,000 ======== During Year 4, Tara wrote off $7,000 in receivables and recovered $4,000 that had been written off in prior years. Tara's December 31, Year 3, allowance for uncollectible accounts was $22,000. Under the aging method, what amount of allowance for uncollectible accounts should Tara report on December 31, Year 4?
Business
1 answer:
Nimfa-mama [501]3 years ago
6 0

Answer:

Explanation:

1% of 120,000

2% of 90,000

6% of 100,000

Total 9,000

The aging method stimated the allowance for uncollectible accounts

so their result should be the ammount reported for December 31th Year 4

You might be interested in
An estimated three-quarters of what product sold in naples originate in the black market?
Ivanshal [37]
<span>This is because the tax on a carton of cigarette is about $10plus. It used to be $3plus before the Obama administration and when the cost of tax is added to the sales price, it makes it more expensive for the average consumer, however, black market sellers usually avoid paying taxes thats why it is black market.</span>
7 0
3 years ago
If a loan is risky and extends for more than a year, the lender may ask for
yawa3891 [41]

collateral looks like the best option

3 0
3 years ago
Read 2 more answers
Ashton wants to generate interest in the new branch of his hobby stores that is opening next week. He plans to offer temporary p
faust18 [17]

Answer:

B. Price promotion

Explanation:

Ashton by trying to create awareness in his new branch, he is planning to cut price and offer coupons so as to persuade customers to purchase from him. The practice is known as price promotion.

Price promotion is the combination of two words "price" and "promotion".

Price refers to the amount of money paid by consumers to purchase goods and services.

Promotion on the other hand refers to activities that persuade the consumers to buy a product and communicate the product’s features and benefits.

Combining the two definitions, pro promotion refers to a discount in price which will encourage consumers to purchase a product.

3 0
3 years ago
Brian makes ​$27,000 per year. how much can brian expect to contribute to fica taxes? question 7 options: $2,065 $1,674 $391 $2,
Sophie [7]
<span>To find the amount of FICA taxes one has to contribute, there are two values needed. First, the Social Security tax rate is 0.062 (6.2%) on the first $127,200 in wages, and then the Medicare tax is 0.0145 (1.45%) on the first $200,000 in income. Adding these two figures gives the total FICA taxes. 6.2 percent of $27,000 is $1,674, and 1.45 percent of $27,000 is $391.50. Adding these two values together (1674 + 391) gives a total of $2,065, or choice (A).</span>
5 0
3 years ago
Which of the following tasks is an example of how scientists might use writing skills in their jobs?
diamong [38]
To write down the conclusion of there experiment so other scientist can criticize them and help the get the right conclusion 
4 0
3 years ago
Read 2 more answers
Other questions:
  • Rodriguez Company pays $375,000 for real estate plus $19,875 in closing costs. The real estate consists of land appraised at $18
    13·2 answers
  • Select all that apply.
    12·2 answers
  • Diverse and global teams are one of the most consistent sources of competitive advantage for any organization.
    6·1 answer
  • Because there isn't one single measure of inflation, the government and researchers use a variety of methods to get the most bal
    13·1 answer
  • On January 1, Year 1, Duffy Enterprises issued $100,000 in bonds that mature in 10 years. The bonds were issue at face value. Th
    9·1 answer
  • The insured owns an older home with lath and plaster walls. Following a kitchen fire, the insurance company pays to have the wal
    6·2 answers
  • In recent decades, many successful presidential candidates were former governors.
    5·1 answer
  • During December, Far West Services makes a $4,200 credit sale. The state sales tax rate is 6% and the local sales tax rate is 2.
    7·1 answer
  • A textile artist can buy fabric, thread, and batting, create an heirloom quilt, and then sell the finished work to customers in
    14·1 answer
  • A company has developed a new smart clock. If the clock is successful, the present value of the payoff (at the time the product
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!